The longer the tenant has occupied the home, the more of discount they get. The maximum discount they can get is £75,000, unless the home is in London where the maximum discount is £100,000.

But plans are currently underway to reduce the number of people able to get their foot on the property ladder using Right to Buy.

It is vital advisers understand the current rules, how these are set to change and that Right to Buy is far from the only way for those renting to buy their own abode.

This guide looks at the eligibility criteria for Right to Buy, how the net for the scheme is set to change, the way these loans work and alternatives that should be considered by advisers.

Supporting material was supplied by the Department for Communities and Local Government; Peter Dockar, head of mortgages at HSBC; Dale Jannels, managing director of Atom; and Kathy Bowes, business development manager of The Cambridge Building Society.